Nixon says Missouri's AAA credit rating reaffirmed
JEFFERSON CITY (AP) - Missouri's Democratic Gov. Jay Nixon said the state has held onto its AAA credit rating.
Nixon this week announced three rating agencies reaffirmed the state's top credit rating.
Standard & Poor's Rating Services, Fitch Ratings and Moody's Investors Service reviewed factors such as financial management.
Missouri's governor is required to maintain a balanced budget.
A high credit rating can mean greater access to low interest rates.
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